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now we move on to your money and the financial peril our nation faces if washington lawmakers don't get it together soon. president obama saying now a deal to avoid the so-called fiscal cliff could be about a week away. there is just one catch. he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering. but rather because we need to raise a certain amount of revenue. we can probably solve this. it's not that tough. but we need that conceptual break through that says we need to do a balanced plan. >> we made a good faith offer to avert the fiscal crisis and that offer included significant spending cuts reforms and it included additional revenue. and frankly, it was a balanced approach mr. president has been asking for. now we need a response from the white house. >> they have 27 days to prevent automatic tax hikes and spending cuts from kicking in on new year's day. ed henry live at
now we move on to your money and the financial peril our nation faces if washington lawmakers don't get it together soon. president obama saying now a deal to avoid the so-called fiscal cliff could be about a week away. there is just one catch. he says republicans have to accept the, quote: reality as he puts it that tax rates are going up for the richest americans. something g.o.p. leaders are calling a deal breaker. >> we're not insisting on rates just out of spite or out of any kind of...
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megyn: we have a big story developing in washington over our debt crisis. the national debt stands at $16 trillion. it was $10.6 trillion when president obama first took office and it has increased roughly 50% over the course of his first term. now president obama is insisting that any deal on this fiscal cliff which has automatic tax hikes and spending cuts as of january one, they are trying to avert that. he says any deal on this must include an end to the debt ceiling all together. he wants complete power to raise the country's limit by himself. he doesn't want to have to get congressional approval. that is a demand stirring strong response from republicans today. >> the on way we ever cut spending is by using the debate over the debt limit to do it. now the president wants to remove that spur to cut all together. of course, it gets in the way of his spending plans. i can assure you it one happen. the american people want washington to get spending under control and the debt limit is the best tool we have to make the president take that demand seriously.
megyn: we have a big story developing in washington over our debt crisis. the national debt stands at $16 trillion. it was $10.6 trillion when president obama first took office and it has increased roughly 50% over the course of his first term. now president obama is insisting that any deal on this fiscal cliff which has automatic tax hikes and spending cuts as of january one, they are trying to avert that. he says any deal on this must include an end to the debt ceiling all together. he wants...
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as of today, both are legal in washington state. many same sex couples started lining up yesterday to get their marriage licenses. as for the marijuana law, adults can -- it is still banned from public use just like drinking alcohol. >> there is encouraging news for breast cancer patients. taking the introduction tomoxafin can cut your chance of the disease recurring. the findings are a surprise. taking the hormone blocking drug for longer than five years could do more harm than good. >> the duchess of cambridge has left the hospital. she smiled as she left the hospital alongside her husband. she was treated for acute morning sickness. royal officials say kate is less than 12 weeks pregnant. they went to kensington palace. she's no longer kate? she does have a title. >> does that mean she doesn't have a name any more? we'll find out. >> i'm so glad to see her out of the hospital. >> good sign. >> i have read reports what that is alike. and not pleasant. >> and scary for her in her first pregnancy. >>> we have a cool start this morni
as of today, both are legal in washington state. many same sex couples started lining up yesterday to get their marriage licenses. as for the marijuana law, adults can -- it is still banned from public use just like drinking alcohol. >> there is encouraging news for breast cancer patients. taking the introduction tomoxafin can cut your chance of the disease recurring. the findings are a surprise. taking the hormone blocking drug for longer than five years could do more harm than good....
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alan simpson, he does not like washington style. he is going gangham style. he is going gangham style. that is coming up the capital one cash rewards card gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane yes! do you want the puppy? yes! do you want a tricycle? yes! do you want 50 percent more cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1%ash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who li more cash. what's in your wallet? you know how painful artburn can be. for fast, long lasting relief, use doctor recommended gaviscon®. only gaviscon® forms a protective barrier that helps block stomach acid from splashing up- relieving the pain quickly. try fast, long lasting gaviscon®. ♪ charles: finally tonight, the video that has gone viral on us. you are about to cede your first. former debt commission co-chair alan simpson like you have never seen them before. â™
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well john harwood in washington d.c. and here's what's coming up tonight on the big picture why republicans so worried about the united nations taking over our government and they really think a defunct nonprofit group helped steal the election for president obama all that more in tonight's lone liberal rumble and thousands of men women and children die every year as a result of senseless and completely preventable gun violence but have we become a nation that's afraid to talk about guns and to create the laws that are needed to effectively regulate that will protect american lives. you need to know this paranoid delusions swept the floor of the united states senate on tuesday as a group of republican senators blocked ratification of a u.n. treaty to help disabled people around the planet the convention on the rights of persons with disabilities requires signatory u.n. nations to provide for disabled populations in the exact same way as does the american one nine hundred ninety americans with disabilities act the treaty
well john harwood in washington d.c. and here's what's coming up tonight on the big picture why republicans so worried about the united nations taking over our government and they really think a defunct nonprofit group helped steal the election for president obama all that more in tonight's lone liberal rumble and thousands of men women and children die every year as a result of senseless and completely preventable gun violence but have we become a nation that's afraid to talk about guns and to...
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it's thursday december sixth four pm here in washington d.c. i'm liz wall and you're watching our two. well starting off this hour another and another name has been added to the list of people charged under the espionage act a former contract linguist is being charged with stealing classified information from a navy base in bahrain james hits old burger has been in custody since october he is now asking a federal court to release him while he awaits his trial the government claims had sold berger was a fugitive in europe for four months after he was dismissed from his post the defense is is denying this saying the former linguist cooperated with law enforcement all his will berger is the seventh person to be charged under the espionage act under the obama administration here's a peek at of a few of the others the first one there thomas drake he was a senior and i say executive bradley manning of course we've been covering his trial a lot he's accused of the biggest classified document leak and u.s. history and another one john kiriakou he was a
it's thursday december sixth four pm here in washington d.c. i'm liz wall and you're watching our two. well starting off this hour another and another name has been added to the list of people charged under the espionage act a former contract linguist is being charged with stealing classified information from a navy base in bahrain james hits old burger has been in custody since october he is now asking a federal court to release him while he awaits his trial the government claims had sold...
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that happens tomorrow in washington state. there are many, many unanswered questions as to how this will work in the actual real world, right? questions the senate police department is trying to answer with its previously lauded for its awesomeness on this show faq page called "marijwhatnow?" but there are many unanswered questions about how this is going to work in washington. for one, it is still illegal to sell marijuana, but perfectly legal to possess an ounce of marijuana, as of tomorrow. and once they have fully implemented their laws, the states will host legalized, regulated marijuana industries. not just decriminalization, but pot incorporated. licensed by the state and paying taxes to it. this, all while the federal government still views possessing and certainly growing, selling, and distributing marijuana as serious felonies. how's that going to work is the big question that hangs over whatever celebrations the citizens of washington might engage in tomorrow. on a side note, tomorrow is also the first day that same
that happens tomorrow in washington state. there are many, many unanswered questions as to how this will work in the actual real world, right? questions the senate police department is trying to answer with its previously lauded for its awesomeness on this show faq page called "marijwhatnow?" but there are many unanswered questions about how this is going to work in washington. for one, it is still illegal to sell marijuana, but perfectly legal to possess an ounce of marijuana, as of...
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donovan said that washington is closer to one after the latest audit of the fha found it has a capital reserve deficit of about $16 billion. but the administration it is too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasing fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps, i believe we've significantly decreased the chance of having a bailout at the end of 2013 or having to draw on the treasury. i'm not going to assign a probability at this point. melissa: hmmm. >> the administration says it will siggnal its intentions on treasury funding when it has the 2014 budget this february and make a decision whether or not to pull the trigger or not next september. melissa. melissa: peter thanks so much. what does a possible fha bailout mean to us, the taxpayer? here in a fox business exclusive, another one, former fha commissioner david stevens. he is now president and chief executive officer at the mortgage bankers association. thanks so much
donovan said that washington is closer to one after the latest audit of the fha found it has a capital reserve deficit of about $16 billion. but the administration it is too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasing fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps, i believe we've significantly decreased the chance of having...
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we are officially in holiday mode in washington. short time ago, president obama and his family kicked things off with the lighting of the national christmas tree. ve a new tree this year -- we have a new tree. 28-foot blue spruce. gorgeous. two nights ago the capital christmas tree lit by the house speaker john boehner. this one, of course, via the first family in front of the white house. maybe we should have a fiscal cliff tree, they could both light together. of course, it takes electricity to keep the trees and the lights burning. now that the aelection is over new attention is paid to what president obama will do about energy, climate change and carbon emissions. here is correspondent shannon bream. >> they brought hundreds of millions in his re-election campaign. on the night of his re-election, president obama vowed to further interest of the environmentalist activist group that backed him. >> live in america that isn't burdened by debt or weakened by inequality. that isn't threatened by the destructive power of a warming pl
we are officially in holiday mode in washington. short time ago, president obama and his family kicked things off with the lighting of the national christmas tree. ve a new tree this year -- we have a new tree. 28-foot blue spruce. gorgeous. two nights ago the capital christmas tree lit by the house speaker john boehner. this one, of course, via the first family in front of the white house. maybe we should have a fiscal cliff tree, they could both light together. of course, it takes electricity...
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running the heritage foundation is an important position in washington. a lot of influence among conservatives, among republicans. i'm sure he's going to have his work cut out for him there. you're right. it does give up that seat from south carolina. south carolina is a pretty red state and once there are elections in south carolina, assume another republican will be elected from south carolina. it's unlikely that in a formal election they're going to elect a democrat from south carolina to come to washington. hasn't happened in a while. my sense is that republicans will hold that seat eventually and whatever happens with jim demint. i was surprised that he decided to make that decision. we invited him to come on our show today and explain what's going on. i'm sure he's frustrated like a lot of conservatives are that president obama was re-elected for another four years and he worked hard to try to help romney get elected, help republicans and it's a source of frustration. a different challenge for him running a major think tank in washington and let's s
running the heritage foundation is an important position in washington. a lot of influence among conservatives, among republicans. i'm sure he's going to have his work cut out for him there. you're right. it does give up that seat from south carolina. south carolina is a pretty red state and once there are elections in south carolina, assume another republican will be elected from south carolina. it's unlikely that in a formal election they're going to elect a democrat from south carolina to...
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urging to negotiate with everyone but us in washington. we don't negotiate. our parties are so extreme. i'm a relatively wealthy person. i want to be paying more taxes. i want our taxes to go to serve the policies of the country, education, charity, health care. i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used to negotiate. what do you make of this? and what does he make of this? >> i think morale is so low right now. the country's so divided. especially for my generation. we're the ones that are going to be handed down the $60 trillion deficit. they will come to a deal. but right now, it's political theater. and it's probably going to look like the simpson-bowles. that will come full-circle again. >> here's a problem the republicans have got themselves into. is obama has been very clever here, the president. i think what he's done is skillfully said to the public, if he goes over t
urging to negotiate with everyone but us in washington. we don't negotiate. our parties are so extreme. i'm a relatively wealthy person. i want to be paying more taxes. i want our taxes to go to serve the policies of the country, education, charity, health care. i think that president obama's right about this. but i think compromise is going to be necessary to achieve some result. >> let me bring in abbe. your father is known as a moderate republican and a good dealmaker, a man who used...
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once again you have to step back from the observation of what's going on in washington now, and remember we're fighting whether or not the top marginal rates should be in the low 30s or not. we should roll back the reagan tax cut but i don't believe in miracles. >> eliot: charles, what you're say something critically important. we're all in a way falling prey to this issue as if they're big issues when they're not. the fact that the rate would go from 35 to 39.6, it used to be in the 90s and 70s and 60s, and capital gains will be taxed at below the rate of ordinary income. we're dealing with the most minimal of shifts and changes yet we're being sucked into the notion that this is dramatic. it's not. >> you divided the republicans in three separate camps. i would say that the difference between the theological theocrats and the tee tea party is minimal. to a certain extent the policies that plays out with the theocrats is economics. four republicans have become identity politics. they have no idea what they're talking about. there is plenty of data to show that people don't even know wha
once again you have to step back from the observation of what's going on in washington now, and remember we're fighting whether or not the top marginal rates should be in the low 30s or not. we should roll back the reagan tax cut but i don't believe in miracles. >> eliot: charles, what you're say something critically important. we're all in a way falling prey to this issue as if they're big issues when they're not. the fact that the rate would go from 35 to 39.6, it used to be in the 90s...
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it's thursday december sixth five pm here in washington d.c. i'm liz wall and you're watching our t.v. . well starting off this hour another name has been added to the list of people charged under the espionage act a former contractor linguist is being charged with stealing classified information from a navy base in bahrain james hits old burger has been in custody since october he is now asking a federal court to release him while he awaits his trial the government claims his old bar was a fugitive in europe for four months after he was dismissed from his post but offenses denying that saying the former linguist cooperated with law enforcement hits wilberger is the seventh person to be charged under the espionage act under the obama administration here's the others. well thomas drake he was a c. your n.s.a. executive shemale libel wittes was an f.b.i. translator charged with leaking classified information to a blogger stephen jin will camera previously a u.s. state department contractor accused of leaking classified information to fox news bra
it's thursday december sixth five pm here in washington d.c. i'm liz wall and you're watching our t.v. . well starting off this hour another name has been added to the list of people charged under the espionage act a former contractor linguist is being charged with stealing classified information from a navy base in bahrain james hits old burger has been in custody since october he is now asking a federal court to release him while he awaits his trial the government claims his old bar was a...
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i'm chris matthews in washington. let me start tonight with this, with hope. i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher taxes for the rich. that's good. he agreed in principle the rich must pay more. number three, there's talk for the republican leaders that they could vote to continue the tax cuts for the 98% now and therefore avoid the fiscal cliff and put off for now the top 2%. and the question then, let the debt ceiling not take effect. a tax cut delayed i argue is a tax cut avoided. joining me with the republican defense highly tauted fan of the eagles, ed rendell and alex wagner of msnbc's "now." governor, i want you to read what's going on here. first speaker boehner defended the
i'm chris matthews in washington. let me start tonight with this, with hope. i think we're getting somewhere with this fiscal cliff problem. number one, smart conservatives now say the republicans would face hell if they let this country go over the fiscal cliff. just to protect the top 2%.ç better to take the hit now, they argued, than in january with the world economy in turmoil and second recession coming. number two, john boehner, the speaker is claiming he's met obama's demand for higher...
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>> i don't know if we're going to see that sense of brotherhood or sisterho any time soon in washington. i'm still convinced they are not going to come to an agreement on the fiscal cliff unless compeld to do so by an adverse external event like a sharply lower equity market. lou: and is, you know, i can't imagine a market ever going down as john is suggesting here simply because a government chooses not to funcon. >> well, if it means we're headed into recession, the markets will react. in a typical bear market, stocks sell off by 20%. it's great to have a compromise before the year end, but time is running out. it's not possible. lou: how is it that a treasury secretary responsible for the integrity of the markets, the currency, responsible, indeed, for the financial system of this country, largely, broadly, and internationally, would sink to the level of aolitical operative making statements about we're going over the fiscal cliff and we're ready to go. >> the president put him in charge of the negotiations from his point of view. lou: clever. >> he's wearing two hats at this point i
>> i don't know if we're going to see that sense of brotherhood or sisterho any time soon in washington. i'm still convinced they are not going to come to an agreement on the fiscal cliff unless compeld to do so by an adverse external event like a sharply lower equity market. lou: and is, you know, i can't imagine a market ever going down as john is suggesting here simply because a government chooses not to funcon. >> well, if it means we're headed into recession, the markets will...
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rich edson live in washington. we know this has been planned for a long time, but nonetheless, now we're just dead in the water for the moment. >> reporter: we are. and just a couple of minutes ago "the wall street journal" coming out with a headline that budget talks have resumed between the president's staff and the speaker's staff. that's something that we're going to check on ourselves in just a couple of minutes with both sides still stuck over tax rates, that still remains the issue. the house is out until tuesday, republican lawmakers say they'll speak with small businesses while back in their districts to discuss the president's tax plan and highlight what they call his small business tax hike. president obama spent his afternoon in northern virginia again pushing his case for raising taxes on families earning more than $250,000 a year. >> i'm not going to sign any package that somehow prevents the top rate from going up for folks at the top 2%, but i do remain optimistic that we can get something done that
rich edson live in washington. we know this has been planned for a long time, but nonetheless, now we're just dead in the water for the moment. >> reporter: we are. and just a couple of minutes ago "the wall street journal" coming out with a headline that budget talks have resumed between the president's staff and the speaker's staff. that's something that we're going to check on ourselves in just a couple of minutes with both sides still stuck over tax rates, that still remains...
WHUT (Howard University Television)
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washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved by voters on election day one month ago. those are some of the headlines. this is democracy now!, democracynow.org, the war and peace report. i'm amy goodman. we are broadcasting from doha, qatar, but we begin in egypt, where six people are dead and hundreds are wounded following overnight clashes between opponents and supporters of mohamed mursi. tanks were deployed over the presidential palace today amidst ongoing scuffles. the violence marks the culmination of two weeks of protest after president morsi issued a decree granting themselves sweeping and unchecked powers last month.
washington state put into effect two news laws today with major national significance. as of midnight, possession of up to 1 ounce of marijuana is now legal in washington state, following the approval of a state ballot initiative last month. in enacting the measure, washington is the first state to decriminalize recreational marijuana use and the first to do so anywhere by popular vote. meanwhile, same-sex marriage is also now legal in washington as of midnight after also having been approved...
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and this morning's donations are heading to family services in washington, d.c. and of course, we couldn't do it without you, our viewers, and companies. good morning, sharon. great to have you with us. what? six years now? >> six years we've been providing products for the toy drive. >> and stride right does such an amazing job to help us out. tell us what you're giving us in terms of donations. >> over $7 million to the "today" show foundation and over the past six years we've given over $12 million. so that's really, you know, across the globe to all children in need for new products which is something that's very important, as well. >> you've got the light-up shoes, which is really what all any kid wants or needs. in my experience. >> absolutely. and as we were talking about a little earlier, even adults want light-up shoes. these shoes are a lot of fun. they're "star wars" shoes that allows you to be the jedi. >> oh. >> good guy, bad guy. >> how you feel that day. you decide whether you're a good guy or bad guy. which i know not all little boys are always th
and this morning's donations are heading to family services in washington, d.c. and of course, we couldn't do it without you, our viewers, and companies. good morning, sharon. great to have you with us. what? six years now? >> six years we've been providing products for the toy drive. >> and stride right does such an amazing job to help us out. tell us what you're giving us in terms of donations. >> over $7 million to the "today" show foundation and over the past six...
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anything can come out of your core washington so every day as the new day. a week of tomorrow morning and played a market long or short especially with the economic data we got today leading to unemployment tomorrow. liz: what about those of us with day jobs? other than sitting in front of our tv ameritrade or who knows what account making our trade and especially when you see today the ten year yield in treasurys came down once again which makes me believe at certain points, treasury trade and a few trades coming in a matter what. >> it is defense. treasury will come down. they are treading water here which is a positive but volumes are down. volume is slightly over and the treasuuy auctions, the fed is going to announce some kind of treasury buying program to stimulate the economy and keep rates low and that will favor stocks so stocks will take care of what is going on in the treasury market. liz: cap it with the hurricanes and the effect which a reverse from negative to positive at some point. >> you saw jobless claims are up but sandy will handicap it a
anything can come out of your core washington so every day as the new day. a week of tomorrow morning and played a market long or short especially with the economic data we got today leading to unemployment tomorrow. liz: what about those of us with day jobs? other than sitting in front of our tv ameritrade or who knows what account making our trade and especially when you see today the ten year yield in treasurys came down once again which makes me believe at certain points, treasury trade and...
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legalized recreational marijuana in colorado and washington state. no worry of arrests but don't tell that to the fed's. they still say it is illegal. tommy chong after the break is a stranger to the weed. we get his take on it next. [ m] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he n worry about other things, like what the mket is doing and being ready, no tter what happen which isn't rocket science. it's just common sense, from td ameritrade. stuart: we have our eyes on avalanche the stock this morning, it is now up after a huge drop yesterday. a lot at stake here. lot of people trying to avoid a tax bite next year. reports about apple losing market share, in the smart phone area in china and as charles said, once the stock goes down other people start selling making it fall even worse. it has been turned around and is now up $4. it
legalized recreational marijuana in colorado and washington state. no worry of arrests but don't tell that to the fed's. they still say it is illegal. tommy chong after the break is a stranger to the weed. we get his take on it next. [ m] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barriereef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so...
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connell: peter barnes in washington. we will take this right into our next guest. alex sharpton is with us. it is good to have you. the significance you think of an fha bailout, if it comes to that. >> i do not think it will be ruled out. we probably will have some type of popping off of the fha. if you look at where we stand right now, as an economy, we have a very modest recovery. it is most likely going to happen. connell: the significance of it is, in your mind, what? >> what needs to happen is we need to take note that we are subsidizing the fha again. while the fha is great for lower income borrowers, we are still allowing people to buy properties where they want after they post on the property, they are upside down on our property. that is where we need to be cautious. connell: we talk about it all the time, the housing numbers that are showing improvement. if people are only putting down, you know, the 3.5%, are we getting ourselves into a similar hole to the ones we are trying to dig ourseeves out of? >> unfortunately, we may have. the loans that the fha h
connell: peter barnes in washington. we will take this right into our next guest. alex sharpton is with us. it is good to have you. the significance you think of an fha bailout, if it comes to that. >> i do not think it will be ruled out. we probably will have some type of popping off of the fha. if you look at where we stand right now, as an economy, we have a very modest recovery. it is most likely going to happen. connell: the significance of it is, in your mind, what? >> what...
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they'll perform live at the warner theater in washington, d.c. tickets are available at ticketmaster.com. and if you want to skip the fees stop by the warner theater box office. the t-baggers lost in november. so stephanie is going to do her thing before the inaugural ball. >> that means two things. >> for more information go to sexyliberal.com. [ applause ] >> stephanie: thank you very much. okay. ellie is sasalito is coming. steph, i'm starting to realize i'm clearly a steph-aholic. i have already been to two of your shows, as you remember the first time in san francisco last year, and then again this year when i met by pen pal julie. yeah. then i heard that chris, aisha, and best of all jim ward were going to be there as well and with an uncontrollable tick i ordered up six tickets. you are like catnip to a cat. we're all looking forward to it. get ready for a good groping. also sorry about not getting back to you about the experience of preparing your mom's sauerkraut. very popular hit. [ applause ] >> stephanie: there you go. >> and you know
they'll perform live at the warner theater in washington, d.c. tickets are available at ticketmaster.com. and if you want to skip the fees stop by the warner theater box office. the t-baggers lost in november. so stephanie is going to do her thing before the inaugural ball. >> that means two things. >> for more information go to sexyliberal.com. [ applause ] >> stephanie: thank you very much. okay. ellie is sasalito is coming. steph, i'm starting to realize i'm clearly a...
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back to washington d.c. now and the back and forth over the budget crisis there taking place behind closed doors right now on capitol hill. you have negotiators from both sides trying to hammer out a deal over tax hikes and spending cuts as the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole? >> reporter: jenna you're right about a lot of tough talk in public, but behind closed doors we know the president, the speaker of the house john boehner had a phone call late yesterday, the first call they had in a week. there has not been much in the way of leaks as to what was discussed. most folks on capitol hill may suggest that no leaks means they are getting down to serious movement on finding a compromise to avert the fiscal cliff. because in public the treasury secretary was asked yesterday if the administration is
back to washington d.c. now and the back and forth over the budget crisis there taking place behind closed doors right now on capitol hill. you have negotiators from both sides trying to hammer out a deal over tax hikes and spending cuts as the clock particulars towards that fiscal cliff deadline on january 11. mike emanuel is live. we are still getting hard lines from either side about where they stand on this. what is really happening behind the closed doors? are they closer to a dole?...
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>> washington is going to be in our face all year. the implementation of obamacare, how it is clearly not very well-thought out in the legislation. at least half the states said they're not building their exchanges. that falls on health and human services to build it. they have only a billion dollars allocated for the implementation. doing it for 25 states, they would burn through that in a month, maybe six weeks at the most. so they're going to have to go back to congress and ask for money. house speaker boehner said that will be a debating point in the debt ceiling and in the fiscal cliff when it comes to that. ashley: certainly will. milton ms. rought at this, thanks for being with us for your perspective on the market when we see what happens in washington. thanks so much. >> thank you. tracy: he is oozing confidence in washington, isn't he? ashley: yes. dripping with sarcasm i think is more --. tracy: sham else about. i love that word. it's a shambles. there is so much more ahead this hour including a biotech ceo what is hurting
>> washington is going to be in our face all year. the implementation of obamacare, how it is clearly not very well-thought out in the legislation. at least half the states said they're not building their exchanges. that falls on health and human services to build it. they have only a billion dollars allocated for the implementation. doing it for 25 states, they would burn through that in a month, maybe six weeks at the most. so they're going to have to go back to congress and ask for...
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in our headlines, adults can now legally buy marijuana in washington state. last month voters approved a measure make recreational use of marijuana legal. and that go mrs. to effect today. state law now allows adults over the age of 21 to possess up to an ounce. that contradicts federal law and the question is whether that bring a debate. will the feds be forced to take action. washington state now though will be licensing make your mayor grower, processors and stores. but driving under the from yinf marijuana is still unlegal. no idea how they measure that. >> i think there's a way to measure thc content. >> like a breathalyzer? >> i don't know. i don't know how you do it for -- i figure if you see someone going really slow with a car full of twinkies, you say you have reasonable -- of course it's hard to get twinkies. anyway, this morning the joint economic committee will be holding a hearing on the fiscal cliff and protecting the middle class and what can we expect out of the hearing. kevin hasset will be testifying today. director of economic studies. he
in our headlines, adults can now legally buy marijuana in washington state. last month voters approved a measure make recreational use of marijuana legal. and that go mrs. to effect today. state law now allows adults over the age of 21 to possess up to an ounce. that contradicts federal law and the question is whether that bring a debate. will the feds be forced to take action. washington state now though will be licensing make your mayor grower, processors and stores. but driving under the...
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welcome again to the foundation annual washington forum. my name is ken schwartz and proud member of the f.d.d. board. today i have the pleasure of introducing a distinguished public official. robert casey, senior senator from the state of pennsylvania. he has served since 2007 as chairman of the near east and south asia subcommittee of the senate foreign relations committee and this only in his first term. one can scarcely imagine more interesting or challenging time to occupy that position. the past two years in the middle east have seen wars across international borders and within them. the collapsed of regimes and the rise of new political movements that may yet turn hostile to the united states and its allies. in the face of these new developments, senator casey has led the way on many issues of great concern to f.d.d. founder and co-chire of the bipartisan senate caucus on weapons of mass destruction and terrorism. in that capacity he has worked across the partisan divide to highlight the serious threat of weapons of mass destruction
welcome again to the foundation annual washington forum. my name is ken schwartz and proud member of the f.d.d. board. today i have the pleasure of introducing a distinguished public official. robert casey, senior senator from the state of pennsylvania. he has served since 2007 as chairman of the near east and south asia subcommittee of the senate foreign relations committee and this only in his first term. one can scarcely imagine more interesting or challenging time to occupy that position....
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not anymore, at least if you're in washington state. it's the first state in the nation to legalize marijuana for recreational use. cnn's miguel marquez is joining us from see yat -- seattle. still some roadblocks, but what's the latest? >> reporter: some roadblocks indeed. you can have pot right now, but you can't go out and buy it. you still have to go to the black market. but in a year's time if everything goes the way it's supposed to, washington state will be a haven for pot. in the war on drugs, the government surrenders to marijuana users here in washington state. up to an ounce now legal for anyone over 21. >> we got that weed growing. we ain't worried about no police. we're out here living like tupac, baby. all eyes on the city cause we got it going on. >> reporter: this is the moment when marijuana became legal to possess at least under one ounce here in washington state. several dozen people, perhaps 100 people have showed up here at the space needle to smoke up and celebrate. including this guy. >> america, freedom! >> repor
not anymore, at least if you're in washington state. it's the first state in the nation to legalize marijuana for recreational use. cnn's miguel marquez is joining us from see yat -- seattle. still some roadblocks, but what's the latest? >> reporter: some roadblocks indeed. you can have pot right now, but you can't go out and buy it. you still have to go to the black market. but in a year's time if everything goes the way it's supposed to, washington state will be a haven for pot. in the...
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good morning, washington. it is an incredibly beautiful sunrise but chilly at 35 degrees like 39 degrees. up at ors are waking below the freezing mark but it up this afternoon into below average.is we will have mostly sunny skies the coldest day of the week. weekendwarm up by the and a chance of showers confessions of a serial killer. what he revealed about hiss deadly split personality. >>> and an abc news exclusive, the birth mother in that utah case speaks out. oh, it's great! now i can brew my coffee just the way i love it. how do you do that? well, inside the brewer, there's this train that's powerful enough to carry more coffee and fresh water to make coffee that's stronger and bigger... and even hotter! actually, i just press this button. brew the coffee you love -- stronger, bigger, or hotter -- with the keurig vue. and eddy said the toys might not be ready! eddy? the elf! ♪ [ radio announcer ] today's forecast: it's snowing snowballs and snow bricks out there... seven more days and it's snowing snow
good morning, washington. it is an incredibly beautiful sunrise but chilly at 35 degrees like 39 degrees. up at ors are waking below the freezing mark but it up this afternoon into below average.is we will have mostly sunny skies the coldest day of the week. weekendwarm up by the and a chance of showers confessions of a serial killer. what he revealed about hiss deadly split personality. >>> and an abc news exclusive, the birth mother in that utah case speaks out. oh, it's great! now i...
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, as the sun comes up over washington. joining us now, "time" magazine managing editor rick stengel here with the latest issue of "time." who's on the cover in >> for the first time we've had a sitting sports commissioner on the cover, the enforcer, roger goodell, commissioner of the nfl. it's pegged, of course, to the tragic circumstance of the belcher murder/suicide which commissioner goodell talked to us about. but the larger issue is when football is at an all-time high of popularity, by far america's most favorite sport, there are things that are threatening it. you know, the head injuries that lead to concussions, that lead to brain damage. the fact that young boys are playing competitive football less than they used to. the game is incredibly successful, yet goodell has great challenges. and i would say that he has been very forthright and a stand-up guy in confronting these issues in a way that the nfl hasn't before. >> you know, things are getting so much more dangerous in the nfl. jim miklaszewski was talking abo
, as the sun comes up over washington. joining us now, "time" magazine managing editor rick stengel here with the latest issue of "time." who's on the cover in >> for the first time we've had a sitting sports commissioner on the cover, the enforcer, roger goodell, commissioner of the nfl. it's pegged, of course, to the tragic circumstance of the belcher murder/suicide which commissioner goodell talked to us about. but the larger issue is when football is at an all-time...
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♪ of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. last christmas, i got my husband this treadmill. now that i gave my son these reebok zigkicks... ...someone's actually using it. (inner voice): how you like me now? the new reebok zigkick. famous brands. famously easy. famous footwear. victory is yours. get to sears one day sale this saturday, with friday preview. get jeans for the family for $14.99. and save up to 50% off all mechanics tool sets. plus, members can get an extra $10 in points. this is how to gift. this is sears. trying to find a better job can likbe frustrating.gs, so at university of phoenix we're working with a growing list of almost two thousand corporate partners - companies like micros
♪ of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. last christmas, i got my husband this treadmill. now that i gave my son these reebok zigkicks......
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we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exercise our right. >> steve: you took this exact nativity down to the capitol and supreme court. we point out we have a baby live today as we did last year. it is 30 degrees. but that baby is wrapped in a electric blanket. >> nice and toast yewarm. this baby is helping to telegrap a important message. if we do this in front of the united states supreme court you can do it in your own town and community. we would like to see them in front of the courthouses and towns and county seats anditate houses. that is our right in this country and we remind the public officials it is their right to guard the constitutional god given righ
we are sending a powerful message to washington d.c. and doing it here in new york. >> steve: what are the thrings. >> how was the reception. >> it was very good. people streamed out of all of the federal buildings and we get idea that supreme court justices get a glimpse of we have stantial rights and that includes faith and freedom of speech and assembly. while this is the real reason for the season, we have to exercise our right. >> steve: you took this exact nativity...
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when we come back who do americans really hold responsible for gridlock in washington? we'll find out. >>> co-chair of the campaign to fix the debt former senator judd gregg joins us live to tell us why congressional leadership could be standing in the way of a solution. >>> first rick santelli is working for something later on in the hour. >> in about ten minutes we're going to have ira harris and have some interesting topics. ira harris has a notion of who may be most impacted if we go over the fiscal cliff and i don't think you'll be expecting the answer he'll give and touch on mario draghi and ecb, maybe a little berlusconi all coming up in ten minutes. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more i
when we come back who do americans really hold responsible for gridlock in washington? we'll find out. >>> co-chair of the campaign to fix the debt former senator judd gregg joins us live to tell us why congressional leadership could be standing in the way of a solution. >>> first rick santelli is working for something later on in the hour. >> in about ten minutes we're going to have ira harris and have some interesting topics. ira harris has a notion of who may be most...